old-age pensions will rise more than expected from January 1, due to goverment censorship. Here’s what will happen to pensioners.
It was expected, now it is confirmed: Michel Barnier and his government have just been overthrown after the adoption of a motion of censure by more than half of the deputies. Direct result: all the legal texts under discussion have failed and have been abandoned. This is not without consequences for the finances of the French, especially those of pensioners.
However, for the 18 million elderly people who no longer work and who receive a pension every month, this political big bang will ultimately be… beneficial for them! Indeed, pensioners will be able to benefit from this censorship. Thanks to this, their pensions will increase more than initially expected and, most importantly, earlier than expected.
Due to a legislative micmac, all pensioners will see their basic pension paid by Carsat increase by the level of inflation, around 1.6%, as soon as the new year begins. So goodbye to the revaluation of the double 0.8%,in two phases,accompanied by a bonus. Having emerged from the complexity, the question is now clearer and simpler. And it’s a shame for the savings that this should have generated.
And directly
8.40pm – An increase of 0.8% or 1.6%, what does this actually change?
Which old-age pensions will increase from January 1st?
As of 1 January thes are the basic pensions paid by the Cnav (National Old Age Insurance Fund), by the SRE (Service des pensions of the State),the CNRACL (National Fund for Local Authorities Agents) and the National Old Age insurance Fund for Liberal Professions (CNAVPL). Also affected by this increase are the holders of the reversibility pension,the supplementary disability allowance (Asi) or the solidarity allowance for the elderly (Aspa).
What are the potential long-term impacts of political changes on pension policies in France?
Interview between Time.news Editor and Pension Policy Expert
Dr. Lucien moreau: Thank you for having me! It’s a pleasure to be here.
Editor: But does this swift change come without any downsides?
Editor: Given this context, what should pensioners be aware of moving forward?